Devyani International Limited publishes notice of hearing for scheme of amalgamation
Devyani International Limited has published a notice of hearing for the scheme of amalgamation involving Sky Gate Hospitality Private Limited, Blackvelvet Hospitality Private Limited, and Say Chefs Eatery Private Limited. The notice was advertised on September 3, 2026, in Business Standard and is available on the company's website.
The scheme of amalgamation is a significant corporate action that can impact the company's structure, operations, and financial performance. While the immediate impact is procedural, the long-term implications could be substantial.
The announcement is a routine regulatory filing regarding a legal process (scheme of amalgamation) and does not contain financial performance data or strategic updates that would indicate a positive or negative sentiment.
Devyani International Limited has announced the publication of a 'Notice of Hearing of the Petition' in relation to the Scheme of Amalgamation. This scheme involves the amalgamation of Sky Gate Hospitality Private Limited, Blackvelvet Hospitality Private Limited, and Say Chefs Eatery Private Limited with and into Devyani International Limited and their respective shareholders.
The advertisements regarding this notice were published on September 3, 2026, in the newspapers "Business Standard" (Delhi NCR Edition) in both English and Hindi languages. The company has also made these advertisements available on its website, www.dil-rjcorp.com, for public access.
This announcement is made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has requested that this information be taken on record.
A plain-language summary of a public exchange filing by Devyani International Limited. Read the original for the full detail.